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  Moderate rise in castor oil on good demand
http://www.business-standard.com 07052010

Prices of castorseeds bold and castoroil commercial moved up moderately at the oils and oilseeds market here today due to good enquiries from shippers and soap industry.

Castorseeds futures firmed up on fresh export orders. Meanwhile, groundnutoil, refined palmolein and linseed oil were ruled steady in the absence of market moving factors.

In the futures section, castorseed's August contract resumed lower at Rs 3,485, but later recovered smartly to close at Rs 3,532 from yesterday's closing level of Rs 3,492, showing a gain of Rs 40 per tonne.

Turning to non-edible section, castorseeds bold moved up by Rs 10 per 100 kg to Rs 3,535 from Rs 3,525 and castoroil commercial edged up by Rs 2 per 10 kg to Rs 737 as against Rs 735 previously.

Linseed oil closed unchanged at Rs 495 per 10 kg. Moving to edible section, groundnut oil and refined palmolein both closed unaltered at Rs 775 and Rs 403 respectively.


Other Headlines
Moderate rise in castor oil on good demand
Crude palm oil declines on profit taking
                
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